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Obama's Phony Numbers Adding Up
Townhall.com ^ | March 15, 2012 | John Ransom

Posted on 03/15/2012 3:53:21 AM PDT by Kaslin

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1 posted on 03/15/2012 3:53:22 AM PDT by Kaslin
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To: Kaslin

“In a wholly predictable development, it turns out the cost for Obamacare will end up being twice the original price that the Democrats said.”

A quick glance at RomneyCare would reveal that those proposing these things always lowball their estimates.


2 posted on 03/15/2012 3:57:29 AM PDT by Jack Hammer
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To: Kaslin

The Sheeple are not concerned. It is all just a lot of mishmash to them.
Their only interest will be the cost of gas, Mcdonalds, and
best actor and actress of the year.
They have been told by PMSNBC that The Obumbo is the messiah
and that is just fine with them.


3 posted on 03/15/2012 4:05:01 AM PDT by AlexW
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To: Kaslin

Those numbers are trillions, not billions. Government schools strike again.


4 posted on 03/15/2012 4:06:38 AM PDT by bytesmith
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To: Jack Hammer

Hey, they are just buying their votes at our expense. They do not care.


5 posted on 03/15/2012 4:07:40 AM PDT by DooDahhhh (ma)
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To: Kaslin
And-they-call-it-reform.

What's wrong with that?

It IS reform. That's why the fight was so bitter.

They have destroyed the US medical and hospital services system. Sure, the buildings are still standing, and the workers still show up.

But everything that we rely on is gone, or going.

After the destruction is complete, the state will re-form everything in a Marxist paradigm.

That's the MEANING of "reform". So why the objection?

6 posted on 03/15/2012 4:09:38 AM PDT by Jim Noble ("The Germans: At your feet, or at your throat" - Winston Churchill)
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To: Kaslin

The cost of Medicare is a good place to begin. At its start, in 1966, Medicare cost $3 billion. The House Ways and Means Committee estimated that Medicare would cost only about $ 12 billion by 1990 (a figure that included an allowance for inflation). This was a supposedly “conservative” estimate. But in 1990 Medicare actually cost $107 billion.

http://reason.com/archives/1993/01/01/the-medicare-monster

Given the fact that Congressional mendacity is more developed now than in 1966..we can definitely expect several orders of magnitude worse...


7 posted on 03/15/2012 4:23:47 AM PDT by mo (If you understand, no explanation is needed. If you don't understand, no explanation is possible.)
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To: bytesmith

The numbers as written are correct........


8 posted on 03/15/2012 4:23:48 AM PDT by astounded (Barack Obama is a clear and present danger to the USA)
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To: Kaslin
Obama is simply bankrupting the US. In 2007, five years ago, the ANNUAL US deficit was $161 billion. In February, 2012 the MONTHLY US deficit was $229 billion. That projects to almost $3 TRILLION annual deficit. Almost 20 times the deficit of five years ago.

Obama has taken the deficit parabolic. Increased taxes will not cover this debt. There is only one way out.

9 posted on 03/15/2012 4:35:11 AM PDT by Former Proud Canadian (Obamanomics-We don't need your stinking tar sands oil, we'll just grow algae.)
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To: Former Proud Canadian

Obama care has to go in it’s entirety.

Along with the Dipstick himself.

His airplane flights have doubled also.


10 posted on 03/15/2012 4:47:14 AM PDT by Venturer
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To: mo

Precisely!

So with history as our guide, we choose to ignore it.

Remember in recent memory, when Republicans were accused of letting medicare or Social Security die on the vine? I can’t remember which one, but it really doesn’t matter it is two peas in a pod. The howls of pain and anguish from dems could be heard world wide.

The dems steal a half trillion dollars to help “pay” for Obama care and not a peep.

I call hypocrisy, for all the good it will do.


11 posted on 03/15/2012 4:50:10 AM PDT by wita
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To: DooDahhhh
"Hey, they are just buying their votes at our expense. They do not care."

Sadly true. To the left, and Obama in particular, money is something that can be created endlessly by government out of the air. There is no need to ever worry about things like deficits. Similarly, the left believes that the economy is the government and the more people in public sector jobs, the better and more stimulative to the economy. Meanwhile, the GOP-e is quiescent and unable or unwilling to attack Obamacare with these numbers or, more than prefunctionarily, with anything else, apparently.

12 posted on 03/15/2012 4:50:23 AM PDT by Truth29
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To: Former Proud Canadian

There is only one way out.

Drill baby drill!!!!!!!!!!!!!!


13 posted on 03/15/2012 4:52:10 AM PDT by wita
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To: Kaslin

Insights for Christians taken from Psalms 53: New King James Version.

...”They are corrupt, and have done abominable iniquity; There is none who does good.”
...”God looks down from heaven upon the children of men, to see if there are any who understand, who seek God. Every one of them has turned aside; They have together become corrupt;”...
...”Have the workers of iniquity no knowledge, who eat up my people as they eat bread, and do not call upon God?”...
...”For God has scattered the bones of him who encamps against you; You have put them to shame, because God has despised them.”...

Just remember. The world may be totally corrupt and full of mortal men and women who are trying to be God. They will not succeed for the true Creator will not tolerate the abuse of His people for long.


14 posted on 03/15/2012 4:54:21 AM PDT by jazzlite (esat)
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To: Jack Hammer
it turns out the cost for Obamacare will end up being twice the original price that the Democrats said.”

That's jsut for starters.

In 1967, the House Ways and Means Committee predicted that the new Medicare program, launched the previous year, would cost about $12 billion in 1990. Actual Medicare spending in 1990 was $110 billion—off by nearly a factor of 10.

In 1987, Congress estimated that Medicaid’s disproportionate share hospital (DSH) payments—which states use to provide relief to hospitals that serve especially large numbers of Medicaid and uninsured patients—would cost less than $1 billion in 1992. The actual cost that year was a staggering $17 billion. Among other things, federal lawmakers had failed to detect loopholes in the legislation that enabled states to draw significantly more money from the federal treasury than they would otherwise have been entitled to claim under the program’s traditional 50-50 funding scheme.

Check out the Heritage foundation article. Health Care Reform Cost Estimates: What is the Track Record? from August, 2009.

15 posted on 03/15/2012 5:02:10 AM PDT by Jimmy Valentine's brother (Near term Obamacare 'Unit")
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To: wita

Actually, that might work too. I get stuck in the supposed inevitability of Obama’s re-election.


16 posted on 03/15/2012 5:09:41 AM PDT by Former Proud Canadian (Obamanomics-We don't need your stinking tar sands oil, we'll just grow algae.)
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To: Former Proud Canadian

...or perhaps more to the point right this instant.

Build the damn pipeline.


17 posted on 03/15/2012 5:30:57 AM PDT by wita
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To: wita
Pipeline? Pipeline?

You don't need 650,000 B/D of secure oil and the refining and construction jobs that go with it. Chu and Obama have said so, they both have Nobel prizes and you and I don't, so they must be a lot smarter than us.

Check my tagline for the answer.

18 posted on 03/15/2012 5:56:28 AM PDT by Former Proud Canadian (Obamanomics-We don't need your stinking tar sands oil, we'll just grow algae.)
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To: Former Proud Canadian

Nobel prizes. Mom always said if you can’t say anything nice...

PS, I knew the answer.


19 posted on 03/15/2012 6:20:19 AM PDT by wita
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To: Kaslin
It was going to break the already broken bank with the original figures lies they put out - now they're just kicking a dead horse.
20 posted on 03/15/2012 6:28:39 AM PDT by trebb ("If a man will not work, he should not eat" From 2 Thes 3)
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